Chalet Hotels receives GST order with ₹10.7 Crore demand, interest, and penalty
Chalet Hotels received a GST order demanding ₹3.31 crore in tax, ₹4.09 crore in interest, and ₹3.31 crore in penalty for FY 2019-20. The company believes the order is contestable and plans legal recourse. Business operations remain unaffected.
The total demand, interest, and penalty amount to approximately ₹10.7 crore, which is a material sum. However, the company's belief that the order is contestable and the assertion that business operations are unaffected suggest the impact might be manageable.
The company received a tax demand, interest, and penalty, which is a negative development. However, the company believes the order is contestable and plans to take legal recourse, and states that business operations are not impacted, which mitigates the negative impact.
Chalet Hotels Limited has received an order from the GST Department – Maharashtra State on March 30, 2026. The order, issued under section 74 of the Goods and Services Tax Act 2017, comprises a Tax Demand of ₹3.31 crore (33.07 million), interest of ₹4.09 crore (40.88 million), and a penalty of ₹3.31 crore (33.07 million).
This demand pertains to a mismatch in Input Tax Credit (ITC) claimed and the reversal of ITC for FY 2019-20. The company believes the order is contestable and intends to explore appropriate legal recourse. Chalet Hotels has stated that its business operations continue as usual and are not impacted by this order, with no significant financial impact anticipated.
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